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Oct 1, 2012
10/12
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steve, thank you very much. we're running a little short on time. we're going to take a quick break right now and we'll be back with you a little bit later. >>> we'll be right back. >>> let's look in once again at chairman bernanke finishing up his prepared remarks, second away to the first questions that he will receive from the head of the economic club of indiana. meantime, steve leisman, what do you expect the first or the most prevalent line of questioning will be? >> it's hard to know. i assume there are a lot of economists in the audience there. i think the big question for the market is going to be what he expects the fed to do in january once operation twist i understand. we had an answer from charlie evans this morning. he thinks the fed should keep adding to its balance sheet. right now what it's doing with operation twist is selling short-term securities and buying long-term ones. the effect of that is neutral as to the size of the balance sheet. charlie evans says he wants to take the $40 billion they're spending on mortgages, continue
steve, thank you very much. we're running a little short on time. we're going to take a quick break right now and we'll be back with you a little bit later. >>> we'll be right back. >>> let's look in once again at chairman bernanke finishing up his prepared remarks, second away to the first questions that he will receive from the head of the economic club of indiana. meantime, steve leisman, what do you expect the first or the most prevalent line of questioning will be?...
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Oct 5, 2012
10/12
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CNBC
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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Oct 3, 2012
10/12
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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Oct 5, 2012
10/12
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thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for sure. >> in terms of the numbers. i'm assuming you believe them and that it's not just a great number in terms of the way you look at it. >> no, it's reality. i mean, this is a decade of readjustment. there is a real fight for growth and relevancy today. if you talk to any ceo, and ceos today are looking to innovate then hire, not hire then no innovate. >> what sectors are you seeing where we're getting real hiring going on right now? >> well, the two most obvious are in health care. that'll be 20% of the economy. and technology. those two are very, very strong. on the othe
thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for...
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people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using it correctly but he got us to focus elsewhere and apple was smoke they smaller it is more important now. >> now apple has apologized and people are saying maybe that was a mistake. i find it extremely difficult to criticize tim cook to have the courage and the class to apologize for a problem. i and stand the criticism. to operate a much more erred global scale than apple ever has. i can only applaud the ceo to save the have screwed up go use the competitor's product until then it is a good thing. charles: you watch the stock. late the it looks funny. everybody has a $900,000 targ
people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using...
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Oct 4, 2012
10/12
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steve, how about some of the hits, runs, and errors from those feds minutes? it didn't move the markets to any great degree today. >> i think we knew where people stood. the voting members are more or less in favor of the policy that came out, which was the one, the open-ended quantitative easing. the non-voters, there are more objections there. that's where more of the hawks are in the current rotation of the fomc. i don't think we learned anything new about there being a bigger or wider split when it comes to the new policy out there. they do have work to do, guys. they're working on the calendar date guidance. they're working on a whole bunch of other stuff that's out there. for example, the fomc individual interest rate forecast, and i think the way maria led into this, that we need new information, that's absolutely true because we don't know what happens in january. it's unclear how to calibrate the incoming economic data with what the fed is going to do in january. >> yeah, so we still have a fair amount of uncertainties on the table. yet, a little more
steve, how about some of the hits, runs, and errors from those feds minutes? it didn't move the markets to any great degree today. >> i think we knew where people stood. the voting members are more or less in favor of the policy that came out, which was the one, the open-ended quantitative easing. the non-voters, there are more objections there. that's where more of the hawks are in the current rotation of the fomc. i don't think we learned anything new about there being a bigger or wider...
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have the mountain of following that steve jobs has now i think steve cook i mean i'm sorry cook is going to have. a rough time because apple's downfall started before the death of steve jobs because of the competition that came from google's android but there's a tale so you don't see the full of. after the fact and then after the fact is after steve jobs i mean i'm sorry to take the man to the c.e.o. yeah you know but because it affects you know he's going to get you're going to be for tim cook and everything is everything blamed on this poor guy and then steve jobs is day if i buy the cold follower exactly and some analysts so i want you to stay right there we're going to have more with you after the break we've got to take a quick one though but we'll have more with entrepreneurial investor reggie middleton and still ahead two you've heard about the thousands of people who are out of work or searching for jobs but into ninth word of the day we'll talk about the real unemployment rates and why the numbers you see in the news headlines don't work like that actual amount of people who ar
have the mountain of following that steve jobs has now i think steve cook i mean i'm sorry cook is going to have. a rough time because apple's downfall started before the death of steve jobs because of the competition that came from google's android but there's a tale so you don't see the full of. after the fact and then after the fact is after steve jobs i mean i'm sorry to take the man to the c.e.o. yeah you know but because it affects you know he's going to get you're going to be for tim...
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Sep 30, 2012
09/12
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steve works for a medical equipment company but on the side you tried to block about nutrition? >> you given vice and what happened? >> was told by the state i should stop giving nutritional advice. john: they even printed with the red lines. this is why because you give the advice and may not without a license. >> wide why have to tell people to be to meats and vegetables and tell all diabetics to reduce carbohydrates? john: so you contacted the institute for justice. paul sherman you are a lawyer? >> we litigate across the country one area is the first amendment. we were excited because this raises the most important and answer questions when happens when they regulate occupation complex with free-speech? john: more and more all the time. >> it would have cost him thousands of dollars and taken years of his life for dietitian license. 50 years ago on a 5% a the license from the government now it is 30% and continues to increase. john: you would have to get 900 hours of apprenticeships get the nutrition board said they would monitor. you stop to. because they could put you in j
steve works for a medical equipment company but on the side you tried to block about nutrition? >> you given vice and what happened? >> was told by the state i should stop giving nutritional advice. john: they even printed with the red lines. this is why because you give the advice and may not without a license. >> wide why have to tell people to be to meats and vegetables and tell all diabetics to reduce carbohydrates? john: so you contacted the institute for justice. paul...
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Oct 1, 2012
10/12
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steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot about our dual mandate responsibilities and i mentioned that with the unemployment rate at that time at 9% that was unacceptably high and we need to focus more on our dual mandate responsibilities. i feel good that our most recent statement and policy is focusing on strongly on the labor market, we're looking for substantial improvement in labor market conditions, the criteria for how long we're going to continue with very accommodative policies and that's a step in the right direction. >> a step in the right direction but is it enough? you want the fed to do this for a particular reason, which
steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot...
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>> steve: yes. daniel's a close second. >> jimmy: yeah. >> steve: and then a bunch of others. >> jimmy: i've just never seen a movie like "casino royale." the first five minutes was just unbelievable. >> steve: yeah. >> jimmy: yeah. it was just -- the most action thing ever. so, "skyfall"'s going to be -- >> steve: i can't wait. have you seen it? >> jimmy: no. >> steve: oh, i cannot wait. [ light laughter ] let's go together. >> jimmy: we should go. >> steve: yeah. >> jimmy: yeah, we'll go in the future, when it comes out. >> steve: yeah, we'll go -- [ light laughter ] i'll bring red vines. >> jimmy: did you watch the debate last night? i didn't hear from you. >> steve: yes, i did. >> jimmy: what did you think? >> steve: i thought it was -- you know -- great. >> jimmy: yeah. i thought romney did a pretty good job. >> steve: oh, i think -- yeah, i think it was -- >> jimmy: i think the thing everyone's talking about is jim lehrer. he just like -- he's the moderator. i think, like, he had no control ov
>> steve: yes. daniel's a close second. >> jimmy: yeah. >> steve: and then a bunch of others. >> jimmy: i've just never seen a movie like "casino royale." the first five minutes was just unbelievable. >> steve: yeah. >> jimmy: yeah. it was just -- the most action thing ever. so, "skyfall"'s going to be -- >> steve: i can't wait. have you seen it? >> jimmy: no. >> steve: oh, i cannot wait. [ light laughter ] let's go...
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Oct 5, 2012
10/12
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steve, what do you think? is this historically the time during the campaign, the conventions are over, when the candidates both kind of come back to the center and stop flinging the red meat to try and talk right down the middle? >> there's a very important difference between how obama is approaching going after the middle in this campaign and how he did in his presidency and what romney is now doing. the story line from pundits and the press now is romney is moving to the middle. that's certainly the tone of what he did in the debate. that's the tone his rhetoric. it was centrist. the question is whether it's obama sounding like a centrist in the debate or romney sounding like a centrist in the debate. is it backed up by substance? on romney's side the answer is flatly now. if you look at the policies which he did not want to get into on wednesday night, they are not centrist in any way. we had in the clip saying pre-existing conditions are covered under the plan. of course you want to say that. that's a cent
steve, what do you think? is this historically the time during the campaign, the conventions are over, when the candidates both kind of come back to the center and stop flinging the red meat to try and talk right down the middle? >> there's a very important difference between how obama is approaching going after the middle in this campaign and how he did in his presidency and what romney is now doing. the story line from pundits and the press now is romney is moving to the middle. that's...
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Oct 3, 2012
10/12
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steve bomber before bill games was viewed as a suit. steve jobs was viewed as bono. you don't want to spend anytime with the microsoft guys and i know steve. i sat next to him at a reunion. but when you read walter isaac son's by of fee of jobs. he was a man, and everyone wanted to hang with him because he was the coolest man in the room. meanwhile, google is the logical heir to apple. google has the momentum you could have on your cell phone and that is why the stock is going higher. the gee fault go to tech name is google. it is the financial equivalent over who is cool. google is and microsoft isn't. which is why google up here is the one to own. stay with cramer. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! ♪ anything, yes, i'd do anything ♪ ♪ anything for you ♪ hey guys, can i get next? here
steve bomber before bill games was viewed as a suit. steve jobs was viewed as bono. you don't want to spend anytime with the microsoft guys and i know steve. i sat next to him at a reunion. but when you read walter isaac son's by of fee of jobs. he was a man, and everyone wanted to hang with him because he was the coolest man in the room. meanwhile, google is the logical heir to apple. google has the momentum you could have on your cell phone and that is why the stock is going higher. the gee...
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Oct 2, 2012
10/12
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WBAL
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>> steve: worked hard -- [ audience ohs ] >> jimmy: all right, here we go. >> steve: is this your last puck? >> jimmy: yes. >> i beg your pardon? [ laughter ] >> jimmy: thank you. thank you. >> steve: that's what he said. [ laughter ] [ audience ohs ] >> jimmy: oh. >> all right, jimmy. now, this is it. >> jimmy: wait. what's the score now? >> steve: the score -- as it stands right now, you've got six, liam's got five. >> jimmy: all right, so, he needs two to win? >> steve: yep, two to win. is this the barn burner? ♪ >> jimmy: oh! [ cheers and applause ] liam neeson, the champion, right here! "taken 2" into theaters everywhere on friday, go check it out. joanna garcia swisher joins us next! there she is right now in the bud light platinum suite! [ cheers and applause ] ♪ liquid plumr double impact ... ... double impact?! ... sfx: doorbell i'm here to snake the drain. i'm here to flush the pipe. vo: liquid plumr double impact has twice the drain clearing power with a plumber's snake to grab deep clogs and a powerful gel to finish off the rest, baby. liquid plumr double impact. [ male
>> steve: worked hard -- [ audience ohs ] >> jimmy: all right, here we go. >> steve: is this your last puck? >> jimmy: yes. >> i beg your pardon? [ laughter ] >> jimmy: thank you. thank you. >> steve: that's what he said. [ laughter ] [ audience ohs ] >> jimmy: oh. >> all right, jimmy. now, this is it. >> jimmy: wait. what's the score now? >> steve: the score -- as it stands right now, you've got six, liam's got five. >>...
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Sep 28, 2012
09/12
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CNBC
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let's bring in steve leaseman. not a lot of big surprises here. >> the market reaction might be a surprise. how many times have you and i been here with europeans disclosing what they say is the final final accounting and nobody believes them. so it's very early to say. but the question has to be asked on this discussion, in my opinion. are we at a point where the market might finally begin to disclosures of a european bank supervisor that now we're accounting for it? there's two parts to the equation. we have a means for making it up. fascinating article. europe needs to have a bank bailout like we had in the u.s. get the banking system going again, you need to plug it with public money. so the question becomes, and i know this is early, but it's what you have to figure out. does the market believe this number, this process? which by the way, was done by an independent consultant and it's something they can stand behind that puts the totality of the problem outdomain. >> acknowledging you have a problem is the fir
let's bring in steve leaseman. not a lot of big surprises here. >> the market reaction might be a surprise. how many times have you and i been here with europeans disclosing what they say is the final final accounting and nobody believes them. so it's very early to say. but the question has to be asked on this discussion, in my opinion. are we at a point where the market might finally begin to disclosures of a european bank supervisor that now we're accounting for it? there's two parts to...
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Oct 3, 2012
10/12
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. >>> good morning, i am pam cook, let's check in with he steve paulson, what is it going to be like today? >> well, temperatures could plunge 18 to 20 degrees near the coast, here is sal. >>> we are talking about a chase on the freeway here and it is going on, on 880 southbound, i was trying to find it on my screens here so we will let you know if this actually gets out of hand, what happens with it and let's go to
. >>> good morning, i am pam cook, let's check in with he steve paulson, what is it going to be like today? >> well, temperatures could plunge 18 to 20 degrees near the coast, here is sal. >>> we are talking about a chase on the freeway here and it is going on, on 880 southbound, i was trying to find it on my screens here so we will let you know if this actually gets out of hand, what happens with it and let's go to
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Oct 4, 2012
10/12
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we also hear from steve dodd. obama did not look poised tonight. his body language screamed get me out of here. >> what was the president not more aggressive? talk to the american people about where we are going and what we are doing. repeatedly he talked specifically about jobs, about the economy. things that matter to the american people. [indiscernible] >> there is only one candidate out there with the tax plan to reduce the debt. specifics are important for people to hear and that is what they heard in this debate. >> i would not agree with him at all. >> i disagree. [indiscernible] >> i am happy with any debate where people walk away understanding of the views and that is what happened tonight. >> we prepare the way we wanted to prepare. i think the discussion is going to be helpful to us. medicare tax cuts, the things that are going to be problematic for him and the battleground state. i think governor romney is going to continue to struggle to defend his positions. >> governor romney is doing a speech on monday on foreign policy. the think t
we also hear from steve dodd. obama did not look poised tonight. his body language screamed get me out of here. >> what was the president not more aggressive? talk to the american people about where we are going and what we are doing. repeatedly he talked specifically about jobs, about the economy. things that matter to the american people. [indiscernible] >> there is only one candidate out there with the tax plan to reduce the debt. specifics are important for people to hear and...
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Oct 4, 2012
10/12
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it could be steve johnson. a tough call to make their. joe is more experienced. >> thank you very much. peake gilbert live from tampa. and that a collapse by the texas rangers put the orioles in an interesting postseason position. the rangers lost four of their last five games. his first post is a start in his home park are tonight and a winner take all again. . >> when others in the debates of story -- miguel chimera won the triple crown tonight. in the american league. the ravens prepared to take -- [unintelligible] with the attention focused on the running back. is that cranks out these plays like this one. two weeks ago he broke down a 91 yard game. ray lewis knows stopping the chiefs. >> one of those home run hitters. he jumped out of a gap and he is out of the gate. we have played them before. we know what we are up to. >> last time the ravens saw that, the 2010 season. the ravens one 30-7. for the orioles, we finally have the answers. friday night in texas. it is a one game playoff series. winner take all of bed. if the orioles bea
it could be steve johnson. a tough call to make their. joe is more experienced. >> thank you very much. peake gilbert live from tampa. and that a collapse by the texas rangers put the orioles in an interesting postseason position. the rangers lost four of their last five games. his first post is a start in his home park are tonight and a winner take all again. . >> when others in the debates of story -- miguel chimera won the triple crown tonight. in the american league. the ravens...
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Oct 4, 2012
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from denver, i'm steve handelsman, nbc bay area news. >> thank you steve. >>> how did the debate play in the bay area? and did voters here like what the candidates had to say? monte francis watched the debate with a group of political science students. the president's own staff tonight said romney won the debate when it came to style points gop the students there agree? >> for the most part, yes, they do agree. about 120 political sciences students came here to watch the debate along with some professors and some alumni. the general consensus was romney had a slight edge over the president in terms of his performance at the debate tonight. >> two rebuild america. >> more effective. more charismatic. >> i will lower taxes on middle income families. >> governor romney held his own. actually, i was surprised. >> reporter: after the debate was over, even some of the president's biggest supporters in the room felt that romney had won. >> romney did a great job in presenting himself in like a very positive way. even though, like, the answers that obama gave were very pro democratic, pro pub
from denver, i'm steve handelsman, nbc bay area news. >> thank you steve. >>> how did the debate play in the bay area? and did voters here like what the candidates had to say? monte francis watched the debate with a group of political science students. the president's own staff tonight said romney won the debate when it came to style points gop the students there agree? >> for the most part, yes, they do agree. about 120 political sciences students came here to watch the...
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steve schaeffer. steve, where you are you from? >> i wanted your autograph. i'm from philadelphia. >> jimmy: from philly. good man. the roots are from philly. they love you. all right, so i don't even have to ask this question but the nfl season is in full swing. who is your favorite football team? >> the philadelphia eagles! ♪ >> jimmy: all right. very good. guys, we have our pal here, steve schaeffer. for five bucks, you get an original steve schaeffer pendant. they're from -- >> for your birthdays. >> jimmy: he's from philadelphia, which i'm sure you're familiar with. the roots are from philly. and his favorite team, of course, is the philadelphia eagles. [ cheers and applause ] for this first song, the new james bond movie is coming out, "skyfall," and nothing's better than a james bond the. so, could you do this in like a james bondy-type of theme? >> you want us to dance? >> jimmy: it's tricky. no. you can just be a spy. you can pretend you're a spy. >> okay. ♪ he's in the audience his name is steven schaeffer he's wearing a necklace made by his son
steve schaeffer. steve, where you are you from? >> i wanted your autograph. i'm from philadelphia. >> jimmy: from philly. good man. the roots are from philly. they love you. all right, so i don't even have to ask this question but the nfl season is in full swing. who is your favorite football team? >> the philadelphia eagles! ♪ >> jimmy: all right. very good. guys, we have our pal here, steve schaeffer. for five bucks, you get an original steve schaeffer pendant....
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Oct 4, 2012
10/12
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CNBC
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steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one competitive company. we now have a sharp competitive focus. we know what we have to do to compete. and we're going to do it. i wouldn't bet against us. i wouldn't bet against the technology that this company has in the pipeline and our commitment to delivering great products and to meeting customer needs. one thing i'll tell you about hp. through all the change at the top, through all the craziness, our people have delivered for customers. we will do anything for customers. and i think that's a great strength of the company that we're going to build on. >> meg, you
steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one...
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Oct 5, 2012
10/12
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let's bring in our panel, steve hays weekly standard. charles lane, washington post and syndicated columnist, charles krauthammer. charles? >> well, the numbers are tricky because when you get a drop in the rate and then you get this anemic job-- anemic increase in the numbers of jobs, they contradict each other. the reason that you can these contradictions, each of them comes from a completely different survey. the anemic rise in new jobs comes from the survey of employers and it's a huge and vast survey. where one out of every three employers is collected. whereas the unemployment rate comes from the survey of households where it's only 6/10 of 1% of 1% of all households are being surveyed. so, you've got a very small sample. it doesn't mean that one is right and the other is wrong, but it could mean that the second one where you have this very small one you could have huge fluctuation. we don't know which is right except for one things, austan goolsbee who was the president's economist says the only one you can rely on is gdp in the e
let's bring in our panel, steve hays weekly standard. charles lane, washington post and syndicated columnist, charles krauthammer. charles? >> well, the numbers are tricky because when you get a drop in the rate and then you get this anemic job-- anemic increase in the numbers of jobs, they contradict each other. the reason that you can these contradictions, each of them comes from a completely different survey. the anemic rise in new jobs comes from the survey of employers and it's a...
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Oct 5, 2012
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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Oct 6, 2012
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. >> let's go to steve. steve-orino, you're up. >> caller: nice to meet you. >> how are you? >> caller: first off, i'd like to thank you for encouraging investors to manage their own money. if i can do it, anybody can do it. my question, to the t-mobile, psc deal. i would like to know, how will this affect the telecon industry? >> this is my theory on it. thank you about the kind words. i think t-mobile will merge with psc and bring it public and that will get it off telecon sheets. that's important. they don't want anything to do with t-mobile and that this is a way out. i don't think it will affect us so much. >>> ike in new york. >> caller: hey, jim. how are you? >> real good. how about you? >> caller: good, good, good. a big apple booyah to you. my question is about the comments shorting because of the taco bell competition. i find it difficult to compare the two. should i feel good about chipotle, go with yum? >> i like yum in the low 60s. i don't think it's taco bell that's causing problems at chipotle. it's a little expensive. business isn't that good it will look smar
. >> let's go to steve. steve-orino, you're up. >> caller: nice to meet you. >> how are you? >> caller: first off, i'd like to thank you for encouraging investors to manage their own money. if i can do it, anybody can do it. my question, to the t-mobile, psc deal. i would like to know, how will this affect the telecon industry? >> this is my theory on it. thank you about the kind words. i think t-mobile will merge with psc and bring it public and that will get it...
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Oct 4, 2012
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many people knew that about steve. and robert you just look at him and go, yep, that's steve. >> what do you want to do when you grow up? >> i'd like to carry on in my dad's footsteps and keep the zoo going. >> and 14-year-old bindi agrees. >> if one man can make a difference, you can make a difference, we can all make a difference. >> reporter: for "today," sarah james, nbc news, australia. >>> and coming up next, the legendary julie andrews and her daughter emma are here about their new book. [ male announcer ] in a world where breakfast has become boring and tasteless... only one man can save the day. ♪ ♪ he's nutty! ♪ he's crunchy! [ male announcer ] it's crunchy nut! honey sweet flakes with nuts in every bite! ♪ he saves the day! ♪ in his tasty way! ♪ ♪ he is the crunchy nut! [ male announcer ] kellogg's crunchy nut. it's super delicious! will: [ inner voice ] where am i living? the only place i can afford. here it is, just like you left it. will: [ inner voice ] okay, i was smart enough to notice th
many people knew that about steve. and robert you just look at him and go, yep, that's steve. >> what do you want to do when you grow up? >> i'd like to carry on in my dad's footsteps and keep the zoo going. >> and 14-year-old bindi agrees. >> if one man can make a difference, you can make a difference, we can all make a difference. >> reporter: for "today," sarah james, nbc news, australia. >>> and coming up next, the legendary julie andrews and...
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Sep 28, 2012
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with steve levitan. >> steve levitan, chris lloyd and, you know, a great group of writers that -- you know, they're genius -- i can't believe that every week, they surprise us with a better and better table read. >> jimmy: they are really good. you surprised us with -- you tweeted out a photo. can you just explain. what is this? [ cheers ] now, what is that? >> that's a little accident that happened to me that night. >> jimmy: this -- is this the top or the bottom? [ laughter ] >> what do you think? >> jimmy: i have no idea. >> audience member: bottom! whoo! >> jimmy: that is -- is that your -- >> it was the -- the pumpies. i don't know how you call them in english. >> jimmy: pumpies? >> in spanish, you call them the pumpies but i -- [ laughter ] >> jimmy: what -- this is the pumpies. i'm still-- i still don't know if it's the top or the bottom. >> the booty. the booty. >> jimmy: that is the booty? that is your -- >> the booty, yeah. >> jimmy: this is your -- this is your behind that you're showing. >> don't touch me! [ laughter ] >> jimmy: i'm not touching you! [ applause ] "don't to
with steve levitan. >> steve levitan, chris lloyd and, you know, a great group of writers that -- you know, they're genius -- i can't believe that every week, they surprise us with a better and better table read. >> jimmy: they are really good. you surprised us with -- you tweeted out a photo. can you just explain. what is this? [ cheers ] now, what is that? >> that's a little accident that happened to me that night. >> jimmy: this -- is this the top or the bottom? [...
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Oct 1, 2012
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and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8 operating system, not good for phones. intel seems to have lost its way with that 4% yield being the only reason to be in it. the desktop -- i feel very triceratops here with this. >> how about the story in "the times" over the weekend about meg whitman? >> they still make a lot of them. but the question is, is it really a business you want to be in? >> do you remember scm? >> yes. >> smith corona mar chant. they were making electric typewriters like they were going out of style. >> that "times" story, not a lot that we didn't already know in terms of what hp is trying to a
and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8...
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Oct 4, 2012
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here now is democratic strategist steve mcmahon. and then cnbc contributor geoff jennifer rubin, author of the "washington post" right turn blog. jennifer was it a game changer for the whole presidential race? >> it potentially can be. what has to happen now romney has to build on that day after day. the difficulty they've had, this was true in the primary as well, they have a few good days and then they get off message or they fumble the ball a little bit. if they can string together one good day after another they only have to do it 33 more times they can get it done. >> growth, jennifer. growth, tax reform, lower the base, broaden the base, jobs. he had the kudlow script last night. >> he did. what is so telling is that the president is so thrown off balance he's insisting that romney has changed his plan because he wasn't giving the obama talking points. >> well now hold on. >> the democrats have mischaracterized romney's plans up the ying yang. so when he comes forward and tells what his plans are it's a shock. they think he's
here now is democratic strategist steve mcmahon. and then cnbc contributor geoff jennifer rubin, author of the "washington post" right turn blog. jennifer was it a game changer for the whole presidential race? >> it potentially can be. what has to happen now romney has to build on that day after day. the difficulty they've had, this was true in the primary as well, they have a few good days and then they get off message or they fumble the ball a little bit. if they can string...
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Sep 29, 2012
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. >> sean: steve, i have a question for you. they said to us, the american people, they went out and there and they said, this has nothing to do with america, nothing to do with american policies. that's what they said. they said it had to do with a movie trailer released in july, and it just so happened to happen on 9/11. and, by the way, this spontaneous attack, they just so happened to rocket-propelled grenades and mortars with them at the time the spontaneous attack took place. not even you, steve, partisan democrat, should believe that. >> sean, this is a perfect example of what's called the fog of war. >> sean: fog of war? three weeks, fog of war. >> yes, that's exactly what it is. >> sean: it's a joke. >> there was total confusion afterwards, riots everywhere. >> sean: they knew within 24 hours, steve. >> what's a joke is your tirade here. this president has launched 270 drone attacks against -- >> sean: steve wait a minute. on the anniversary of 9/11 didn't we beef up security? >> maybe because of the budget cuts that th
. >> sean: steve, i have a question for you. they said to us, the american people, they went out and there and they said, this has nothing to do with america, nothing to do with american policies. that's what they said. they said it had to do with a movie trailer released in july, and it just so happened to happen on 9/11. and, by the way, this spontaneous attack, they just so happened to rocket-propelled grenades and mortars with them at the time the spontaneous attack took place. not...
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steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
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Sep 28, 2012
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you just lived through a steve kornacki moment. he remembers more about your life than you do. >> thanks for having me. >>> mitt is behind. let the blame game again! our cyclists have their fingers ready for some finger pointing on friday, september 28th. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. >>> when a campaign begins to show signs of falling apart, everybody looks for somebody to blame. just today politico blamed mitt romney. steve kornacki disagrees with that conclusion. >> i know that guy. >> krystal ball blame
you just lived through a steve kornacki moment. he remembers more about your life than you do. >> thanks for having me. >>> mitt is behind. let the blame game again! our cyclists have their fingers ready for some finger pointing on friday, september 28th. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two...
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Oct 4, 2012
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steve is in colorado with a debate recap. >> democrats i spoke to today in this battleground state say that they are disappointed, but they are still hopeful. governor romney, they figure, still has a ways to go, but his effort looks back on track. republican joy in denver, he declared his campaign is rejuvenated. >> we are going to take back the white house. let's get back to medicare. the president said the government can provide the service at lower cost and without profit. >> barack obama kept his eyes and his energy low. >> it is very rare that impression is thickly, there is such a clear triumph of one side over the other. >> the president admitted he got surprised. >> when i got to this stage, i met this very spirited fellow who claims to be met ronnie. >> the charge he changed his stance on taxes and spending. >> if you want to be president, you owe the american people the truth. >> some people felt he owed a better debate. >> i think he didn't have the practice. >> are you worried he might lose? >> not rally. -- not really. >> he will review and if he wants to make changes in
steve is in colorado with a debate recap. >> democrats i spoke to today in this battleground state say that they are disappointed, but they are still hopeful. governor romney, they figure, still has a ways to go, but his effort looks back on track. republican joy in denver, he declared his campaign is rejuvenated. >> we are going to take back the white house. let's get back to medicare. the president said the government can provide the service at lower cost and without profit....